Forward Science (ROCO:7530) LT-Debt-to-Total-Asset : 0.19 (As of Jun. 2024)

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What is Forward Science LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Forward Science's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.19.

Forward Science's long-term debt to total assets ratio increased from Jun. 2023 (0.13) to Jun. 2024 (0.19). It may suggest that Forward Science is progressively becoming more dependent on debt to grow their business.

Forward Science LT-Debt-to-Total-Asset Historical Data

The historical data trend for Forward Science's LT-Debt-to-Total-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Forward Science LT-Debt-to-Total-Asset Chart

Forward Science Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.14

0.09

0.03

0.12

0.22

Forward Science Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial						0.13	0.12	0.13	0.22	0.19

Forward Science LT-Debt-to-Total-Asset Calculation

Forward Science's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	166.032	/	765.05
	=	0.22

Forward Science's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	141.515	/	763.392
	=	0.19

Forward Science (ROCO:7530) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Forward Science LT-Debt-to-Total-Asset Related Terms

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Forward Science Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Forward Science Corp (ROCO:7530) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

232 Youyi Road, Miaoli County, Jhunan, TWN, 350

Website

http://www.forward-tek.com.tw

Forward Science Corp is engaged in the manufacturing and maintenance of vacuum pumps. It is also involved in precision parts manufacturing that includes Stainless Processing, Aluminum Processing, Casting Processing, and Metal Finishing among others.

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